Maximising the realisation value of retail assets.
 

Store Closure Programmes

We help retailers to successfully manage store closures.

To boost the overall performance of the business, a multisite Retailer may need to close or relocate a number of poorly performing stores. Although store closures can produce significant returns, they can be complex and require sensitive management.  Core areas like human resources, trade union relations, supplier relationships and brand integrity need to be carefully protected.

Often such expertise does not exist within the company or the process can simply consume too much management time. A well-managed store closure programme can help a retail business build a strong brand and drive sales across the remaining stores.

Hilco has a proven track record demonstrating our retail and operational expertise to manage the entire exit process. We can help to generate maximum returns, eliminate the financial risks and allow management to focus on the core business. Crucially, in many circumstances we may be able to guarantee the financial outcome.

Benefits

● A dedicated team to manage the store
closure programme

● Clearance of surplus stock from within the remainder of the business 

● Protection of ongoing relationships with suppliers management remains focused on the core business

● Guaranteed outcome removes risk and uncertainty

● Hilco can finance additional stock purchases to maximise recovery

Hilco success stories

Littlewoods
Store closure programme for 120 fashion department stores.

Allders
Store closure programme for 45 department stores during administration.

Mvc
Store closure programme for 64 music and dvd stores.

Texstyle World
Store closure programme for 74 home textile stores.

 

 

 

 

 

 

SECTORS
Clothing
Footwear
Electronics
Jewellery
Toys
DIY
Food
Entertainment and Multimedia
Furniture
Speciality and Department Stores